The Rockets' chances of landing LeBron James took a devastating hit when he decided to opt out of his contract with the Cavaliers on Friday.

In short, the Rockets still could land LeBron, but it would be really complicated and involve gutting basically the entire roster besides James Harden, Chris Paul and Clint Capela. That's an unlikely scenario that leaves James' landing spots likely down to three destinations: the Cavaliers, Lakers or 76ers.

Even when you strike James from the free agent list, there still is plenty of talent available. Some of it came off the board Friday when players with a player option on their contract had to make a decision to opt in with their team or become a free agent. That deadline took the likes of Thaddeus Young and Enes Katner off the board, but it also made the likes of Paul George and DeAndre Jordan unrestricted free agents when they turned down their option.

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What can the Houston Rockets do to bring LeBron James down south? SI's Ben Golliver breaks down what needs to happen for the Rockets to land King James.

Media: Sports Illustrated

The Rockets also have free agents of their own to lock up. Chris Paul, Clint Capela, Trevor Ariza, Luc Mbah a Moute and Gerald Green all will have to be paid this offseason in order to stay in Houston.

Browse through the photos above for an updated look at the best NBA free agents available this offseason.